COOK GROUP EXPANDS BY BUYING ADJACENT VACANT GE SITE
Cook Group, through its subsidiary Cook Properties, has agreed to purchase the former GE site near Cook’s world headquarters in Bloomington, Ind. Cook Group is expanding its medical device business into the vacant GE property on Curry Pike. This purchase allows Cook the flexibility to address some immediate space
BECTON, DICKINSON COMPLETES ACQUISITION OF C.R. BARD
Becton, Dickinson (BD) has completed the acquisition of C.R. Bard, creating a new healthcare company with approximately $16 billion in annualized revenue. Vincent A Forlenza, chairman and CEO, said the combined company builds on BD’s position in medication management and infection prevention with an expanded offering of solutions across the care
PRISM TRIAL EVALUATES SAFETY, EFFICACY OF INDIGO ASPIRATION SYSTE
Results of the multicenter PRISM trial were published by Richard R. Saxon, MD, et al in the Journal of Vascular and Interventional Radiology (JVIR; 2018;29:92–100). PRISM evaluated the safety and initial efficacy of a power aspiration–based extraction technique for treatment of peripheral arterial thromboembolism using the Indigo aspiration system from Penumbra Inc.. The JVIR investigators
FDA APPROVES XABLECATH BLUNT TIP SUPPORT CATHETER
XableCath’s blunt tip support catheter has received clearance from the U.S. Food and Drug Administration (FDA). In two clinical investigator-led studies, the device was demonstrated to be a safe, effective, and easy-to-use device, enabling therapeutic options for patients with PAD,” said Johannes Dahm, MD and director of Interventional Cardiology
STUDY SHOWS STEM CELL TRANSPLANT IS BETTER THAN DRUG THERAPY FOR SCLERODERMA
Photo courtesy of American College of Rheumatology Adding irradiation before transplant improves long-term results and should change practice Scleroderma with internal organ involvement is a debilitating and lethal autoimmune disorder with few effective treatments. But a study led by Duke Health researchers has found new cause for optimism using an
AMERICAN VEIN & VASCULAR INSTITUTE ADDS NEW PHYSICIAN
John Joseph Randono, MD, has joined the phlebology staff of American Vein & Vascular Institute, a network of eight vein and arterial diagnosis and treatment centers in Colorado and Texas. Dr. Randono has more than 30 years medical experience, specifically as a cardiac and thoracic vascular surgeon, and as a
4 DOCTORS AMONG 20 CHARGED WITH BILKING MEDICARE, MEDICAID AND OTHER MANAGED CARE ORGANIZATIONS OUT OF $146 MILLION
Twenty people — four of whom are doctors — are facing charges related to a massive fraud scheme that bilked Medicare, Medicaid and other managed care organizations out of $146 million. Prosecutors from the Brooklyn District Attorneys Office said the defendants ran an enterprise in which recruiters offered cash to low-income and
KRATOM: POWDER GROUND FROM LEAVES OFFERS PAIN RELIEF, MOOD ENHANCEMENT
By Christine Vestal, The Pew Charitable Trusts CARRBORO, N.C. — On a sunny November afternoon in this quiet college community, a steady stream of customers walks through the doors of a local cafe called Oasis for a cup of an increasingly popular herbal beverage. The menu offers coffee, black tea,
FIFTH WELLCARE EXEC SENTENCED TO PRISON FOR FRAUD SCHEME
Thaddeus M.S. Bereday, the former general counsel for WellCare Health Plans ,has been sentenced to six months in federal prison for his role in a scheme to defraud Florida’s Medicaid program. The Department of Justice announced that Bereday will serve a prison sentence followed by a year of house arrest after he
BTG GETS CPT CODES FOR VARITHENA AS OF JAN. 1; MEDTRONIC VENASEAL GETS MORE FAVORABLE CODES
By Larry Storer The U.S. Centers for Medicare and Medicaid Services have published the final fee schedule for new Current Procedural Terminology (CPT) Category 1 codes for BTG International’s Varithena procedures, and changed CPT codes for Medtronic’s VenaSeal, effective Jan. 1, 2018. The new codes for Varithena, which close veins